By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%) consecutively for the fourteenth time following its Monetary Policy Committee (MPC) held January 20-21 2013 in Abuja Nigeria. However, the public sector cash reserve requirement (CRR) was tightened to […]
Tag: Private Sector
UPDATE1-CBN Retains Rate at 12% for 14th Time, Ups CRR to 75%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%) consecutively for the fourteenth time following its Monetary Policy Committee (MPC) held January 20-21 2013 in Abuja Nigeria. However, the public sector cash reserve requirement (CRR) was tightened to […]
Kenya Second Largest Investor in Sub-Saharan Africa-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said Kenya is the second largest investor in sub-Saharan Africa. Christine Lagarde, the Managing Director (MD) of the Fund made this disclosure in her speech ‘’Kenya at the Economic Frontier: Challenges and Opportunities’’ at the Kenya Private Sector Alliance […]
